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. >> tim geithner confirming what republicans have been saying the obama administration is ready to go over the so-called fiscal cliff if taxes are not raised. >> the administration prepared to go over the fiscal cliff? >> absolutely. there is no prospects in agreement that doesn't involve the raise going up on the top 2 percent. >> house speaker bane another a boehner and president obama have been talking by phone. not much progress was made. boehner says if he doesn't agree with the propose sal he has obligation to submit one of his own. >> the missing girl battling leukemia is safe and is being treated in new mexico. she was taken out of a hospital in phoenix. her mother took her. doctors are worried she could potentially get a deadly infection. the girl's father claims the hospital was to blame for a different infection which cost emily her right arm. he's refusing to tell police where she is in mexico. both parents could face criminal charges. >> shock, disgust and fear spread quickly on the campus of the university of -- one details the exact moment they realty lied they were in
. >> tim geithner confirming what republicans have been saying the obama administration is ready to go over the so-called fiscal cliff if taxes are not raised. >> the administration prepared to go over the fiscal cliff? >> absolutely. there is no prospects in agreement that doesn't involve the raise going up on the top 2 percent. >> house speaker bane another a boehner and president obama have been talking by phone. not much progress was made. boehner says if he doesn't...
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>timothy geithner is says the obama administration is prepared to see the u.s. go over the limit fiscal cliff rather than cave to republican demands for a continued tax break for the wealthiest americans. he made the statement in an interview with cnbc. >> i want to understand the administration's position on raising taxes for the wealthy, those making more than $250,000. if republicans and not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. there is no room for an agreement that the not involve the rates going up for the top 2%. >> speaking to a roundtable of corporate executives in washington, president obama said republicans' aid to examine the reality that tax rates will rise for the wealthiest americans. >> we have seen some movement in the last several days with some republicans. there has been a recognition that, maybe, they can accept some rate increases as long as is combined with a serious impediment reform and additional spending cuts. and if we can get the leadership on the republican side to take that kramer
>timothy geithner is says the obama administration is prepared to see the u.s. go over the limit fiscal cliff rather than cave to republican demands for a continued tax break for the wealthiest americans. he made the statement in an interview with cnbc. >> i want to understand the administration's position on raising taxes for the wealthy, those making more than $250,000. if republicans and not agree to that, is the administration prepared to go over the fiscal cliff? >>...
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. >> getner says the obama administration is only too willing to go over the qulif. cliff. do they mean marginal rates, or just rates. >> that's what's going to be worked out, the last minute deal that's where you find wiggle room. >> i guarantee you there's guys in boehner's camp that are ready to go over, too. >> but he's been moving to marginalize those peel. this is his way of taking control of the party. >> the question is why do they care where the money comes from. if you have a revenue target, then fine. but we need $800 million in revenue. john wehner figured it out. and boehner can turn around and say i need $6 trillion in titlement cuts. and they can each take each other's playbook and try and figure out what they would like best to -- figure out the number and figure out how to get there. >> i don't know. both sides seem to be only too willing to do it. they're in the booking rove on fox because of that fiasco. which made good tv, but apparent apparently, i don't know, but he says republicans will get the blame for going off the cliff, but the president will be
. >> getner says the obama administration is only too willing to go over the qulif. cliff. do they mean marginal rates, or just rates. >> that's what's going to be worked out, the last minute deal that's where you find wiggle room. >> i guarantee you there's guys in boehner's camp that are ready to go over, too. >> but he's been moving to marginalize those peel. this is his way of taking control of the party. >> the question is why do they care where the money...
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i think that obama administration has set the tone that they will be there to bail people out. they bailed out general motors. they bailed out, you know, folks who couldn't pay their mortgages. they're helping people who can't pay for health insurance. i mean, the idea is that we can provide for people that can't provide for themselves. they've kind of set the tone that we'll be there to help you if you don't have the money for yourself. obama will be there on monday in detroit to answer personally whether he's planning to give the city any money. there's certainly precedent. it's happened before and it will happen against with the pension systems. >> greta: president ford did it with new york in the '70s. there's precedent. the problem is we don't have any money. >> we're out of money and i don't know where this ends. credit to the council woman. i think that's refreshing in politics. usually they're trying to be more tactful with these sorts of things. weesh out owe're out of money. obviously the prison and the democratic internet have some leverage but where does this end? w
i think that obama administration has set the tone that they will be there to bail people out. they bailed out general motors. they bailed out, you know, folks who couldn't pay their mortgages. they're helping people who can't pay for health insurance. i mean, the idea is that we can provide for people that can't provide for themselves. they've kind of set the tone that we'll be there to help you if you don't have the money for yourself. obama will be there on monday in detroit to answer...
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joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this morning i'm not really so happy geithner said that. >> it might have been inartful for him to say it the way he said it. i think he is making a very important point, which is that the american people did vote. they voted for the one thing the president said very clearly, which is that tax rates would go up on the wealthiest. it's an incredibly popular position. it's important for republicans to know that the white house is not going to accept any kind of a deal. that's the point he was trying to make. i think all the leverage now is with the democrats, with the president. the american public is on his side. i think it's important for the republicans not to think that they can just get any kind of deal out of him because if they do go over
joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this morning i'm not really so happy geithner said that. >> it might have been inartful for him to say it the way he said it. i think he is making a...
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is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe that we're going to go into a huge, deep recession again if these bush tax cuts expire. i do believe that you can strengthen the economy if you let everything go off the cliff and come back and put in front of the american people and do a better job for the economy. there's up side either way you go. the president has got boehner in an untenable position. he doesn't have very many avenues to a victory right now but he's got a good escape, thomas. all john boehner has to do to exit out of this quickly is to say he won the election, we didn't, the american people in every survey say this is where we're
is this the fight that the obama administration really wants to take up freshly inaugurated, freshly into its new term to try to map out big, bold leadership instead of digging these trenches down the line that are going to have pitfalls and stakes all buried in it? >> i come from the school of thought that this country has overcome a lot more than just a few extra dollars. i do believe that this economy will continue to thrive, this economy will continue to move forward. i don't believe...
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the obama administration has made it clear they want to prevent them. israel has made it even clearer they want to prevent them from getting it, it is certain amount of nuclear weapons debilities. i think it wrong perceives it is risky to try to get -- iran perceives it is risky to get a nuclear weapon at this time. they would have had one by now if it had not been for the actions of the international community. if they are deterred now, will they be in the future? one of the worries we have is that if it is easy for them to make, a bomb, they will be more likely to make the decision to do it. there have been other cases with no weapons, where they had beaten and technical ability, the political decision to do so was a lot -- where they had the technical ability, the political decision to do so was a lot easier. their nuclear capabilities are growing so fast that perhaps in 2014, they will actually have secret capability and it could produce weapons-grade uranium and we will not even know what happened until they choose to rivulet. -- reveal it. the man
the obama administration has made it clear they want to prevent them. israel has made it even clearer they want to prevent them from getting it, it is certain amount of nuclear weapons debilities. i think it wrong perceives it is risky to try to get -- iran perceives it is risky to get a nuclear weapon at this time. they would have had one by now if it had not been for the actions of the international community. if they are deterred now, will they be in the future? one of the worries we have is...
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. >> administration prepared to go over the fiscal cliff? >> absolutely. >> reporter: there's one small sign of progress. a republican source says president obama and house speaker john boehner spoke by phone. >> we need a response from the white house. we can't negotiate with ourselves. >> the hold upright now is that speaker boehner took a position, i think the day after the campaign that said we're willing to bring in revenue, but not willing to increase rates. >> reporter: gridlock, 26 days and counting. no word on what the president and speaker boehner discussed. given the fact there's not a lot of progress, just the fact they were on the phone represents a small development. tracie potts, nbc news, washington. >>> new information into vincent gray's campaign. sources tell "the washington post" some of his campaign staff hid donations. it cites people familiar with the probe. city employees and contractors were promised their contributions would not be reported. it goes against finance laws. the donations are different from an illegal s
. >> administration prepared to go over the fiscal cliff? >> absolutely. >> reporter: there's one small sign of progress. a republican source says president obama and house speaker john boehner spoke by phone. >> we need a response from the white house. we can't negotiate with ourselves. >> the hold upright now is that speaker boehner took a position, i think the day after the campaign that said we're willing to bring in revenue, but not willing to increase rates....
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bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha: $120 million to develop the next electric car battery. it's not an independent venture. you are paying for it. the u.s. taxpayer. we'll tell you about the government's latest gamble with your money. bill: one man' home survived superstorm sandy. but it did not make it through the recovery. >> the township didn't know what happened. i called the governor' office and she said to me, are you sure your house is gone? i said, miss, you miss place a pen or pencil, you don't miss place a house. ♪ i wish my patits could see what i see. ♪ that over time, having high cholesterol and any of thesri
bill: you mentioned the obama administration. how are they reacting? was is our response? >> our response tends to look first to the yate united nation. there is talk of proportional sanctions being considered at the security council should north korea test. but it's clear that is not going to change the trajectory of north korea's per suit of a nuclear program. bill: steven yates, thank you. we are watching this, sometime we believe in the coming days to 10 days. here's martha. martha:...
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about four years ago when the first obama administration came in, eric holder signalled that they were not going to prosecute, go after medical marijuana in states that had approved it. since that time, a huge medical marijuana industry has popped up here. we have about 500 medical marijuana stores here and over 100,000 people on the medical marijuana registry. even though it's still against federal law, medical or not, so the advocates here are hoping that at the minimum they'll get that kind of wink and a nod sort of for the federal government. it still doesn't really settle anything, but that's their sort of early stage hope. they're realistic and know that this could well end up in court, and as you heard in the piece, they are ready to fight for what they call the will of colorado voters. >> so in the meantime here, if you're one of these people who is smoking in colorado or you want to smoke in colorado, could you get arrested, or it's just considered legal and it's okay? >> well, you're not going to get arrested in the short-term because it would really take, i guess, federal au
about four years ago when the first obama administration came in, eric holder signalled that they were not going to prosecute, go after medical marijuana in states that had approved it. since that time, a huge medical marijuana industry has popped up here. we have about 500 medical marijuana stores here and over 100,000 people on the medical marijuana registry. even though it's still against federal law, medical or not, so the advocates here are hoping that at the minimum they'll get that kind...
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and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. this is our opportunity to do the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. i don't know how any of us can look our kids and grandkids in the eye and explain to them that we aren't willing to pay for the things we are enjoying today but just going to send them the bill. that's why republicans ha
and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending...
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and the obama administration almost like a character from "seinfeld" said we are going to do this out of spite and said we are going to have to raise the rates rather than do this loophole closing thing and all of the rest. the problem with that is that presidents get very few do officer, one ever the few that they get is right after an election they can change the tone, they can sort of start over and instead of doing that and trying to figure out how to fulfill this promise that obama has always made about being bipartisan he's decided just to sort of do the same thing he did with the stimulus, which is to try to steam roll the republicans, to crush them, to placate his base, and it has the potential to create another four years of partisan whommer and tong fighting in washington. jon: i wanted to get your reaction to what the treasury secretary had to say in that report from mike emanuel a minute ago. he was asked flat out is the white house ready to go over the fiscal cliff and boom he says, absolutely, as if that is a good thing. i mean there are defense contractors who are going
and the obama administration almost like a character from "seinfeld" said we are going to do this out of spite and said we are going to have to raise the rates rather than do this loophole closing thing and all of the rest. the problem with that is that presidents get very few do officer, one ever the few that they get is right after an election they can change the tone, they can sort of start over and instead of doing that and trying to figure out how to fulfill this promise that...
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house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the scenes. anything happening? >> steve, the president and house speaker john boehner talked on the phone yesterday, but they agreed not to characterize their conversation. so it's unclear how much progress they made. from the outside, it does seem they've moved a bit closer with boehner now agreeing to raise tax collection from the wealthy, though not by raising tax rates. >> we've got to cut spending and i believe to put revenues on the table. the revenues we're putting on the table will come from, guess who, the rich! there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >> the president lobbied big business leaders yesterday with an appearance at the business round table. his aides say
house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the scenes. anything happening? >> steve, the president and house speaker john boehner talked on the phone yesterday, but they agreed not to characterize their conversation. so it's unclear how much progress they made. from the...